VP of Exploration Helio Diniz remarked, “We are very excited with the expansion of mineral resources that we are seeing at the Ouro Verde Deposit. In addition it is very encouraging to see some of the deep holes showing the continuity of mineralization down dip. We believe that, after more than 100,000 metres of drilling in the Volta Grande area, the fact that the deposits remain open demonstrates the tremendous potential and confirms this as one of the largest gold deposits ever discovered in this part of the Brazilian Amazon Craton. We are optimistic that the next phase of drilling will continue with significant expansion of estimated mineral resources at Volta Grande in 2012.”